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Technology Stocks : SYTE - SITESTAR CORP
SYTE 5.490+0.9%Aug 11 5:00 PM EST
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To: Evan who wrote (41)3/9/2001 12:15:04 PM
From: Evan   of 46
 
If SYTE can bust the MM short it will fly :-)
Market Maker Manipulation is the practice of intentionally supressing the price of a stock or driving it down regardless of increased demand for a stock. The OTCBB Market Makers have no regulations to prevent them from doing this. They can short stocks without disclosing their short positions to the public. Short meaning selling shares they don't own as the demand increases and covering, or buying, their short positions at a lower price It is completely to the market makers advantage for the price to go down, and the further, the better, as they can make that much more profit from investors like you.
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